signal strength 3 of 5
The Double Bottom pattern has been formed on GBPJPY M30; the upper boundary is 193.24; the lower boundary is 192.29. The width of the pattern is 96 points. In case of a break of the upper boundary 193.24, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.
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According to the chart of M15, NZDCAD formed the Head and Shoulders pattern. The Head’s top is set at 0.8118 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDCAD M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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The technical pattern called Head and Shoulders has appeared on the chart of AUDJPY M15. There are weighty reasons to suggest that the price will surpass the Neckline 96.07/96.07 after
The M5 and M15 time frames may have more false entry points.
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